Baranduda vs Capel Sound
Property investment comparison - Baranduda, VIC 3691 vs Capel Sound, VIC 3940
Head-to-head across core investment metrics: Baranduda wins 3, Capel Sound wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Baranduda | Capel Sound |
|---|---|---|
| Median house price | $745K | $745K |
| Median unit price | $550K | $640K |
| Gross rental yield (houses) | - | 4.00% |
| Gross rental yield (units) | 3.00% | 4.53% |
| 1-year house growth | +15.3% | -2.7% |
| 3-year house growth | +14.8% | +0.9% |
| Vacancy rate | 3.4% | 1.7% |
| Population | 3,041 | 5,246 |
Baranduda vs Capel Sound: what the numbers say
Houses cost about the same in both suburbs: the median house price is $745K in Baranduda and $745K in Capel Sound.
For units, Baranduda sits at a median of $550K against $640K in Capel Sound, which makes Baranduda the more affordable unit market and Capel Sound the pricier one.
Over the past year house prices moved +15.3% in Baranduda and -2.7% in Capel Sound, so recent momentum favours Baranduda, while Capel Sound went backwards.
Looking back three years, Baranduda houses are +14.8% and Capel Sound houses +0.9%, so Baranduda has compounded faster than Capel Sound over the longer window.
Rental vacancy is 1.7% in Capel Sound and 3.4% in Baranduda, so landlords in Capel Sound face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Capel Sound is the bigger suburb, with a population of 5,246 against 3,041, larger than Baranduda; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Baranduda for recent price momentum, Capel Sound for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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